The Virginia International Business Council (VAIBC), adhering to the mission of supporting international business in its community, has established a Scholarship Program that awards scholarships to students attending the following Central Virginia institutions - Virginia Commonwealth University (VCU), Virginia State University (VSU), Virginia Union University (VUU), Randolph Macon College (RMC), George Mason University (GMU),The University of Virginia (UVA), James Madison University (JMU), University of Mary Washington, Virginia Military Institute (VMI), the College of William and Mary (W&M), the University of Richmond (UR), Old Dominion University (ODU) and J. Sargeant Reynolds Community College (JSRCC). Scholarship awards will be paid directly to the recipients. The Virginia International Business Council is dedicated to educating its members, the members of the international business community and the community at large with respect to global business opportunities and challenges. It supports both secondary and higher education and encourages students at all levels to consider the field of international business as a career.

Scholarship funds awarded to students are granted to support their international study activities. To be eligible, students must be a rising undergraduate junior or senior, or a graduate student, and have a GPA of 3.0 or higher. They must submit a written statement of their interest in international business; include a faculty letter of recommendation and a copy of a current unofficial transcript. Four awards will be given this year –five Virginia International Business Council Scholarships ($1,000, 2 of $750, and 2 of $500), one VCU School of Business – Philip Morris Endowed Chair Scholarship ($500), and one Piascik & Associates Scholarship ($500).

Virginia International Business Council Scholarships will be granted each academic year. The VAIBC-Education Committee this year (2018) will include Dr. Van R. Wood (Professor of International Marketing – VCU), and two other judges selected by the VAIBC Board of Directors. All applications must be received no later than Friday, March 30, 2018 by noon. The screening committee will announce its selection(s) by April 16th. All scholarship recipients will be notified by mail and recognized at the club’s April 25, 2018 luncheon. Scholarship recipients will also receive a one-year Virginia International Business Council membership. Recipients will be allowed to receive the Virginia International Business Council scholarship only one time. Minority and international students are strongly encouraged to apply for this scholarship. Questions should be directed to Dr. Van R. Wood, vrwood@vcu.edu.